redundancy benefit definition

redundancy benefit means the Benefit, if shown in the Policy Document, provided under Part 7 of this Policy, subject to the Insured meeting the requirements of Part 7.
redundancy benefit means the amount of money that an employee whose employment has been terminated on account of redundancy is entitled to receive from his employer pursuant to section 183 of this Act;
redundancy benefit means the amount of money that an employee whose employment has been terminated on account of redun- dancy is entitled to receive from his employer pursuant to this Act;

More Definitions of redundancy benefit

redundancy benefit. , if selected, means the Redundancy Benefit specified in the Policy Schedule.
redundancy benefit means the amount of money which an employee, whose employment has been terminated on account of redundancy, is entitled to receive from his or her Employer;
redundancy benefit means any payment or benefit paid or payable to an employee of VLF, VRTC or PTC in connection with his or her redundancy (however such payment or benefit is described) and includes separation payments and any additional superannuation redundancy amount but does not include any leave entitlement.